{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-500.62","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-500.62","heading":"Taxation of motor fuel inventory not taxed under","body":"predecessor statutes.\n\nThe tax imposed by Section 4 of this act shall be applicable to\n\nall nonexempt inventory held by any person outside of the bulk\n\ntransfer system in this state in quantities which, in the aggregate\n\nwith respect to such person, exceed one thousand (1,000) gallons, to\n\nthe extent the inventory has not previously been subject to the tax\n\nimposed by this state under the predecessor motor fuel tax statute.\n\nHowever, no tax shall be payable with respect to motor fuel which is\n\ndyed diesel fuel or held by an exempt user. The inventory tax\n\nimposed on inventory held outside of the bulk transfer system on the\n\neffective date of this act reportable under this section shall be\n\npayable in two equal annual installments beginning twelve (12)\n\nmonths after the effective date of this act.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"28e8bc686509ac4d8bf2e42fe9eba1deb7760e6cc0c97b78cda6951281e92b64","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-500.61","next":"us-ok/okla.-stat.-tit.-68-68-500.63"},"notice":"GroundRules: Original legal text. Not legal advice."}